VOL. XLII

No. 23

7-June-1999

OPEC

OPEC, Oil Prices And Management Of Excess ProductionCapacity

by Ian Seymour

The following article is based on a presentation by MEESEditor Ian Seymour at the Fourth Annual Asian Oil and Gas Conference held inKuala Lumpur, Malaysia, on 31 May-1 June 1999. The presentation was made in thecourse of the Distinguished Journalism Panel on the theme of "Hot Issuesin the Regional and Global Oil Business."

One does not have to look very far to identify hot issues inthe oil...